A vertical restraint of trade occurs when two (2)or more parties at different levels of distribution enter into a contract,combination,or conspiracy to restrain trade.

Question

Quizplus · Accepted Answer

This is a correct definition of a vertical restraint of trade. It involves parties at different levels of distribution, such as a manufacturer and a retailer, and their agreement to limit competition or prices.

A Vertical Restraint of Trade Occurs When Two (2)or More